HOUSTON, May 4 /PRNewswire-FirstCall/ -- Gastar Exploration Ltd. (NYSE Amex: GST and TSX: YGA) announced today that it will release its first quarter 2009 results on Monday, May 11, after the market closes. In conjunction with the release, Gastar has scheduled a conference call for 10:00 a.m. Eastern Time on Tuesday, May 12, that will be broadcast live over the Internet. What: Gastar's First Quarter 2009 Earnings Conference Call When: Tuesday, May 12, 10:00 a.m. ET (9:00 a.m. CT) How: Live via phone by dialing 480-629-9692 and asking for the Gastar call at least 10 minutes prior to the start time, or live over the Internet by logging on to the web at the address below. Where: http://www.gastar.com/. The webcast can be accessed from the investor relations home page. For those who cannot listen to the live call, a telephonic replay will be available through May 19 and may be accessed by calling 303-590-3030, using pass code 4068694#. Also, an archive of the webcast will be available shortly after the call at http://www.gastar.com/. About Gastar Exploration Gastar Exploration Ltd. is an exploration and production company focused on finding and developing natural gas assets in North America and Australia. The Company pursues a strategy combining deep natural gas exploration and development with lower risk CBM and shale resource development. The Company owns and operates exploration and development acreage in the deep Bossier gas play of East Texas and Marcellus Shale play in West Virginia and Pennsylvania. Gastar's CBM activities are conducted within the Powder River Basin of Wyoming and concentrated on more than 6.0 million gross acres controlled by Gastar and its joint development partners in Australia's Gunnedah Basin (PEL 238, PEL 433 and PEL 434) located in New South Wales. Company Contact: Gastar Exploration Ltd. Michael Gerlich, Vice President and CFO 713-739-1800 / Investor Relations Counsel: Lisa Elliott / Anne Pearson DRG&E : 713-529-6600 / DATASOURCE: Gastar Exploration Ltd. CONTACT: Company, Michael Gerlich, Vice President and CFO of Gastar Exploration Ltd., +1-713-739-1800, ; Investor Relations Counsel, Lisa Elliott, , or Anne Pearson, , +1-713-529-6600, both of DRG&E for Gastar Exploration Ltd. Web Site: http://www.gastar.com/

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